AXIOS (Avery Lotz) - Diesel price surges to all-time high, fueled by wars
The average price of diesel topped its 2022 record high on Friday, spiking to $5.85 per gallon, per AAA . Why it matters: Farmers, truckers and freight companies have been absorbing higher diesel costs since the Iran war began. The ballooning price threatens to further raise shipping costs while compounding a growing political problem for President Trump . - It can also indirectly affect households by putting inflationary pressure on anything Americans buy that's carried by truck, which includes a massive share of goods. Driving the news: Diesel has been rising steadily for weeks, but surged 17 cents in just the last two days. - The previous record was $5.816, per AAA, set in June 2022. - Diesel typically costs more than gasoline…